Electric Vehicles Industry News
A collection of Electric Vehicles latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Stellantis's Shift Away From Electric Cars Will Cost It $26 Billion
|Stellantis's Shift Away From Electric Cars Will Cost It $26 Billion https://www.nytimes.com/2026/02/06/business/stellantis-writedown-electric-vehicles.html Stellantis said on Friday it would take a hit of 22.2 billion euro (around $26 billion) to…
Reading bus firm unveils fleet of 24 electric vehicles
A bus firm has unveiled its first ever all-electric fleet in a move it has called 'a huge turning point'. Reading Buses proudly presented the 24 new vehicles at Great Knollys Street depot, where a new charging infrastructure has also been…
Fastest jump in UK house prices in over a year; Stellantis scales back electric car plans - business live
Overnight, Bitcoin fell to just half its record high set just three months ago. Bitcoin's price sank to $63,000 on Thursday, its lowest level in more than a year, and half its all-time peak of $126,000, reached in October 2025. A months-long dip in…
Electric car range race: Seven on-sale EVs can cover over 450 miles
As more advanced electric cars break into the market, the benchmark for driving ranges is increasing. Last month, Volvo unveiled its latest EV that promises to exceed 500 miles without needing to stop for electricity. Its 117kW battery is said to…
6 Cheap Electric Vehicles Actually Worth Buying, According To Consumer Reports
The market for electric vehicles is growing day by day, and it's only a matter of time before EVs rule the road and leave their fuel-powered counterparts in the dust. However, until this shift happens, these vehicles are going to be more expensive…
Tesla drops out of top ten electric car sales in Switzerland
For years, Tesla was synonymous with electromobility. The US manufacturer's cars were correspondingly popular with buyers. This is no longer the case: last month, for the first time in years, there was not a single Tesla model among the ten…
Jeep, Dodge maker's stock plunges 25% as auto giant takes $26.5B charge from electric vehicle retreat
Stellantis shares plummeted 25% Friday after the company revealed a $26.5 billion charge related to an overhaul of its business – including a retreat from its electric vehicle ambitions. The automaker – home to brands like Jeep, Ram…
Trump Administration Illegally Seeks to Cancel Millions in Funding For Electric Vehicle Charging, Again
Contact: Larisa Manescu, larisa.manescu@sierraclub.org Yesterday, the New York Post reported that the Trump administration is targeting elimination of over $900 million in federal funding from the Charging and Fueling Infrastructure (CFI) grant…
All electric vehicles in S'pore must be compatible with the Type 2 connector standard for charging
Since 2016, all public EV charging stations in Singapore have had to adopt the European-standard Type 2 connector. Worldwide, it has largely replaced the Type 1 connector, primarily used in the US, Canada and Japan. Type 2 connectors are compatible…
Canada's auto industry plan signals latest pivot away from US
Danielle Kaye Business reporter Prime Minister Mark Carney has unveiled a plan to bolster Canada's car industry and support its electric vehicle transition, as the sector buckles under the weight of US tariffs. The new initiatives, announced on…
Canada's auto industry plan signals latest pivot away from US
Prime Minister Mark Carney has unveiled a plan to bolster Canada's car industry and support its electric vehicle transition, as the sector buckles under the weight of US tariffs. The new initiatives, announced on Thursday, mark Canada's latest…
Only seven new petrol-powered cars sold in Norway in January
Just seven new petrol cars were sold in Norway last month, data shows. The country, which is the frontrunner in the uptake of electric vehicles, shifted a record low number of new fossil-fuel cars in January, information from the Norwegian Road…
Vauxhall owner takes €22bn hit after electric car u-turn
The Franco-Italian automotive group said the strategic U-turn would result in €22bn of future losses, write-offs and cancellation costs linked to electric models that will no longer be brought to market. Around €6.5bn of that charge…
Toyota Names Kenta Kon C.E.O. as Automaker Faces Tariffs and Increasing Competition
|Facing Threats From Both America and China, Toyota Changes C.E.O.s https://www.nytimes.com/2026/02/06/business/toyota-ceo-kenta-kon.html Toyota Motor is tapping a new chief executive to steer the company through a new era of rising protectionism…
Carney Increases E.V. Investments as Trump's Trade Policy Disrupts Canada's Auto Industry
Prime Minister Mark Carney of Canada announced on Thursday a sweeping plan to offer billions of dollars in incentives and tax breaks for auto industry investment designed to help turn Canada into a global leader in electric vehicles. The new…
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